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Finance & Markets

Kenyan Court Pauses Construction of $16 Billion Dangote Refinery

A Kenyan court ordered construction to be paused on Aliko Dangote’s $16 billion oil refinery in the East African nation, after a group of petitioners filed a case opposing the project.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Crude stocks in the U.S. Strategic Petroleum Reserve stood at 284.6 million barrels for the week ending September 18, according to the Energy Information Administration, down from 285.0 million the…

  • Strategic petroleum reserve at lowest level since 1982
  • 284.6 million barrels held as of September 18
  • Release authorized by Trump in March

More from Monday 28 September →